- Subsidiary of NEVS acquires a land parcel in Tianjin for NEV manufacturing
A wholly-owned subsidiary of National New Energy Vehicle Co., Ltd. has acquired a land parcel for residential and commercial use on April 17 in Tianjin, at a consideration of RMB364.9 million.
Apr. 22 , 2019
- Chairman of startup BYTON joins NEV maker ICONIQ
Dr. Carsten Breitfeld, former Chairman and Co-founder of EV startup BYTON, has joined ICONIO Motors, a Tianjin-based new energy vehicle maker, according to his own confirmation delivered at the Auto S...
Apr. 16 , 2019
- BYD sees NEV sales in March skyrocket 115.6% year on year
BYD Company Limited (BYD) announced that it sold 46,825 vehicles in March, achieving a year-on-year growth of 8.5% and a month-on-month surge of 74.5%.
Apr. 09 , 2019
- SAIC Motor sees 4.65% year-on-year growth in 2018 net profit
SAIC Motor announced its 2018 annual performance on April 1, saying its full-year revenue grew 3.62% year on year to RMB902.19 billion and the net profit attributable to shareholders of the company cl...
Apr. 02 , 2019
- China issues new NEV subsidy policy with higher tech thresholds, reduced subsidy amounts
Chinese authorities on March 26 unveiled a tougher new energy vehicle (NEV) subsidy policy to boost a high-quality development of NEV industry.
Mar. 27 , 2019
- Startup Dearcc’s Enovate starts construction of NEV base with RMB5.1 bln invested
Enovate, the premium car brand founded by Chinese EV startup Dearcc, officially commenced the construction of its new energy vehicle (NEV) on March 20, according to local media outlets.
Mar. 25 , 2019
- BAIC BJEV, Magna ready to pour RMB2 bln in all-electric PV manufacturing JV
BAIC BluePark New Energy Technology Co.,Ltd announced on March 22 that its subsidiary BAIC BJEV and Magna International Autolaunch Ireland Ltd. are going to form a joint venture that focuses on manufa...
Mar. 25 , 2019
- Volvo Underestimated Plug-In Hybrid Demand: Will Triple Production
Volvo CEO Hakan Samuelsson admitted that the company hugely underestimated demand for its plug-in hybrid cars and now is hard at work to increase the production capacity.
Mar. 22 , 2019
